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Economy in Colonial Heights, Tennessee

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Economy
EconomyColonial Heights, TNUnited States
Unemployment Rate8.20%9.10%
Recent Job Growth1.42%-0.12%
Future Job Growth34.64%31.25%
Sales Taxes9.50%6.80%
Income Taxes0.00%6.25%
Income per Cap.$29,324$27,067
Household Income$52,687$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.16%12.10%
Income between 15K and 25K10.83%10.18%
Income between 25K and 35K9.89%10.56%
Income between 35K and 50K16.87%14.98%
Income between 50K and 75K19.97%19.53%
Income between 75K and 100K13.02%12.52%
Income between 100K and 150K11.13%12.14%
Income between 150K and 250K4.15%3.91%
Income between 250K and 500K3.64%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.35%13.81%
Professional and Related Occupations30.60%22.68%
Service9.75%14.51%
Sales and Office23.83%25.22%
Farming, Fishing, and Forestry0.44%0.68%
Construction, Extraction, and Maintenance9.81%9.37%
Production, Transportation, and Material Moving14.63%15.86%
Median Household Income

The unemployment rate in Colonial Heights, TN, is 8.20%, with job growth of 1.42%. Future job growth over the next ten years is predicted to be 34.64%.

Colonial Heights, TN Taxes

Colonial Heights, TN,sales tax rate is 9.50%. Income tax is 0.00%.

Colonial Heights, TN Income and Salaries

The income per capita is $29,324, which includes all adults and children. The median household income is $52,687.


Colonial Heights Economy SperlingViews

Colonial Heights is an area of Sullivan County bet: Colonial Heights is an area of Sullivan County between Kingsport & Gray, TN. The City of Kingsport has been trying to annex as much of Colonial Heights as it can. Most... (read more)Have an opinion about Colonial Heights? Leave a commentTo See All SperlingViews for Colonial Heights Click Here